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Jul 25, 2011
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the cuts are not really new but simply counting the saving from the wind down of the wars in iraq and afghanistan. senate republicans say reid was with them on a two-step increase process, but that the white house shot that down. and the white house says it's all up to boehner to find a way forward. now, pressure is mounting, so is anxiety over the markets. here's white house chief of staff bill daley on "meet the press" yesterday. >> we are now getting to a point where i think markets around the world will question whether the political system in washington can come together and compromise for the greater good of the. >> country. >> the new fear. a downgrade in america's credit rating even if a debt creeling is raised. if only for six or nine months if it looks like washington can't figure out a long-term debt and deficit issue. by the way, something else going on here. the white house is basically out of the talks. harry reid is proxy for the white house. there isn't much communication going on between house republicans and the white house. it looked like yesterday morning that might not be the
the cuts are not really new but simply counting the saving from the wind down of the wars in iraq and afghanistan. senate republicans say reid was with them on a two-step increase process, but that the white house shot that down. and the white house says it's all up to boehner to find a way forward. now, pressure is mounting, so is anxiety over the markets. here's white house chief of staff bill daley on "meet the press" yesterday. >> we are now getting to a point where i think...
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Jul 25, 2011
07/11
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first up, president obama faced critical decisions on the debt and afghanistan the last few weeks and all the while the geniuses who ran his 2008 campaign have been huddled with their maps and polls, figuring out how to put together a repeat victory. what's the anatomy of a re-election win for obama. he has 4-5, 81% of the people who voted for him last night according to a june nbc poll. what happened to the other 20% of obama's 2008 voters and how does he win them back? let's look at three skenl elements in the anatomy of the obama electorate. in the 2008 exit polls, obama got 66% of voters under 30. now he has just 56% of the under 30's. good? maybe not good enough. another key in the anatomy, suburban voters. any 08 exit polls, 50% of suburbanites went for obama. now he's down to 141%. final will laveragee pin in the obama win n '08 he had 52% of independents. now he has just 43% of independents. john, you wrote game changer about how he did it last time. how do they put, the geniuses out there in chicago and washington, humenty dumpty together again? >> they will be happy to hear
first up, president obama faced critical decisions on the debt and afghanistan the last few weeks and all the while the geniuses who ran his 2008 campaign have been huddled with their maps and polls, figuring out how to put together a repeat victory. what's the anatomy of a re-election win for obama. he has 4-5, 81% of the people who voted for him last night according to a june nbc poll. what happened to the other 20% of obama's 2008 voters and how does he win them back? let's look at three...
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Jul 25, 2011
07/11
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this is a war of religion in the country and not different from afghanistan, and a few less people are getting shot. but you know, we have talked on the last show about this book of mine "sex, god and mom," and people who read that book understand that religion impacts politics and you brought up michele bachmann and i read today where she was saying that she got into politics by reading my late father francisç shea's books on calling for the people to overthrow the government and unless it sent roe v. wade back to the courts for decision to take choice away from women. this element is prevalent in the united states right now, and we can't kid ourselves, because it is extremism under the form of christianity. >> thank you, frank. >>> and now, like the fall of communism, some are beginning to suggest that multiculturalism has had the day. in the last few months a number of world leaders from prime minister david cameron in the uk to chancellor angel la ameria mm germany have spoken of the fall of this. and just as europe have developed a single currency and tried to be a unified union
this is a war of religion in the country and not different from afghanistan, and a few less people are getting shot. but you know, we have talked on the last show about this book of mine "sex, god and mom," and people who read that book understand that religion impacts politics and you brought up michele bachmann and i read today where she was saying that she got into politics by reading my late father francisç shea's books on calling for the people to overthrow the government and...
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Jul 25, 2011
07/11
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it goes from our coffers directly through big shots in the afghanistan government and winds up in the pockets of the insurgents. >> we usually do that in iraq. we did it through private contractors. this time we want to try to build up the local economy by hiring local afghans that have affiliations with the local taliban that pay off the taliban not to attack the american stuff. >> why don't we just pay the taliban directly? >> might as well be. it's our money. it's $2.16 billion has gone into the pockets of the taliban, petraeus put a commission to look into it and then congressman john tierney of massachusetts chairman of the subcommittee on this of discovery, of investigation and oversight, he said this is a mess and he said that over the summer as well and now we're finally getting to the conclusion with a report complete. >> right. and in addition, apparently, to cash in some cases, we wound up the bad guys, the insurgents got guns and explosives as well. there is some good news to it even though we know it's going on. apparently, we're going to revamp the system coming up in ab
it goes from our coffers directly through big shots in the afghanistan government and winds up in the pockets of the insurgents. >> we usually do that in iraq. we did it through private contractors. this time we want to try to build up the local economy by hiring local afghans that have affiliations with the local taliban that pay off the taliban not to attack the american stuff. >> why don't we just pay the taliban directly? >> might as well be. it's our money. it's $2.16...
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Jul 25, 2011
07/11
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a proposal of his own, to cut the deficits by counting savings by ending the what ares in iraq and afghanistan. republicans say the markets might not buy that but the same accounting tool was used in the republican budget that passed the house. jon: interesting to that the secretary of state commenting on tkphes particular spending matter. thank you. jenna: the lack of debt deal seems to be one of the factors in the stock market as wendell was talking about. the dow trading down by 60 points . it was down by over a hundred earlier. simon constable is a columnist for the "wall street journal." what is your take? we talk about the reassurance for the market? what about the reassurance for the average investor. >> most of the markets are saying whatever. but the gold market isn't. we've seen gold come up from 1500 a month ago to over 1600 now. jenna: what does that tell you. >> people don't buy golds as a good investment. you have to pay money to have it stored, buy insurance, put it in a bank, with armed guards and people are basically big thumb's down to the u.s. government when they buy gold.
a proposal of his own, to cut the deficits by counting savings by ending the what ares in iraq and afghanistan. republicans say the markets might not buy that but the same accounting tool was used in the republican budget that passed the house. jon: interesting to that the secretary of state commenting on tkphes particular spending matter. thank you. jenna: the lack of debt deal seems to be one of the factors in the stock market as wendell was talking about. the dow trading down by 60 points ....
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Jul 25, 2011
07/11
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when house and afghanistan, -- went i was in afghanistan, most of my views were building roads and schools, so i attended have a positive aspect. not many americans -- the little interaction they have had has been through let's say a predator strike or something, they may have a dim view of that. it goes back to whether there were civilian casualties involved as well. my sense is there is an openness to our presence there, but how where there is more important fact we are there, i think. >> i think i would have a more pessimistic view on this. that having any data in front of me, i would venture to guess the view of the united states is probably less positive than was alluded to in the previous panel. there is a difference i think between perception of american foreign policy, what the united states cover man has been perceived as doing. and if what they're doing is considered unpopular or how individual americans are perceived. i think it is difficult to get accurate polling data. a wide view, i would venture to guess is less positive than positive. >> finally, i want to explore another a
when house and afghanistan, -- went i was in afghanistan, most of my views were building roads and schools, so i attended have a positive aspect. not many americans -- the little interaction they have had has been through let's say a predator strike or something, they may have a dim view of that. it goes back to whether there were civilian casualties involved as well. my sense is there is an openness to our presence there, but how where there is more important fact we are there, i think....
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Jul 25, 2011
07/11
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let's talk about the debt ceiling, afghanistan -- >> a music guy. >> amazing. >> forget about it! >> seriously. >> i am not kidding, she's incredible. >> do you have any other news we can't use? >> no. >> let's watch that again. >> i want to hear "free man in par paris." >> she is good at the guitar. >> you started in your 20s yes. >> did you grow up like donna summer, singing in the church? >> no. my family sat around and sang. that's what we do. this is over sharing. >> no, it's not. >> who did you look op to musically? >> patty griffin. girls from austin. i love them so much. if i saw them here -- >> savannah! >> i am surprised. peel back this onion and there are so many layers. >> america already loved you, and now we don't know what to do with you're so great. >> she will be reciting poetry next hour. >> coming up, chuck schumer. >> announcer: this past year alone there's been a 67% spike in companies embracing the cloud-- big clouds, small ones, public, private, even hybrid. your data and apps must move easily and securely to reach many clouds, not just one. that's why the n
let's talk about the debt ceiling, afghanistan -- >> a music guy. >> amazing. >> forget about it! >> seriously. >> i am not kidding, she's incredible. >> do you have any other news we can't use? >> no. >> let's watch that again. >> i want to hear "free man in par paris." >> she is good at the guitar. >> you started in your 20s yes. >> did you grow up like donna summer, singing in the church? >> no. my family...
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Jul 25, 2011
07/11
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part -- the other factor is that we are now drawing down the cost of our military efforts in afghanistan and iraq. last year we spent a little over $150 billion. this year we'll spend a little over $100 billion. and the plan is to soon be down to at least $50 billion in two or three years. so over the ten-year period there'll be about eight years at nearly $50 billion or so spent on the war instead of $150 billion. that's part of the plan that we've been operating on for a long time. $150 billion for the war is not baseline expenditure of the united states. it was never projected to continue at that level, so hopefully we could bring it below $50 billion. maybe we went get to $50 billion. i don't know. but what is the reasonable estimate? i think the house republicans and the president said it would drop to $50 billion, and that would be the baseline out there for the rest of the time. that's $1 trillion. that's $1 trillion. so you take $1 trillion out of the $2.7 trillion, you're down to $1.7 trillion. and another thing that's scored in that, since that $1 trillion in war costs is score
part -- the other factor is that we are now drawing down the cost of our military efforts in afghanistan and iraq. last year we spent a little over $150 billion. this year we'll spend a little over $100 billion. and the plan is to soon be down to at least $50 billion in two or three years. so over the ten-year period there'll be about eight years at nearly $50 billion or so spent on the war instead of $150 billion. that's part of the plan that we've been operating on for a long time. $150...
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Jul 25, 2011
07/11
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it's in afghanistan and it's in baghdad. we're building the bridges, we're building -- cleaning the rivers, providing the water and electrical systems there to the tune of $150 billion a year. bring our troops home. bring our money back to america. build america. we re-build america. there's the answer. not in this way. -- not in this way will you ever solve the deficit. and by the way this bill lays off people. 15,000 people at the e.p.a. alone. this bill will not build infrastructure. this bill will take away the infrastructure for our sanitation systems, for our water systems. that's what this bill does. my colleague from california knows full good and well what's intended here. it's to give our resources to the polluters. it's to foul our air. it's to remove the ability of the people of america, not some government in washington, but the people of america have for the last 40 years demanded clean water that their resources be protected, that the commons be protected. s the people of america that want a future that's good
it's in afghanistan and it's in baghdad. we're building the bridges, we're building -- cleaning the rivers, providing the water and electrical systems there to the tune of $150 billion a year. bring our troops home. bring our money back to america. build america. we re-build america. there's the answer. not in this way. -- not in this way will you ever solve the deficit. and by the way this bill lays off people. 15,000 people at the e.p.a. alone. this bill will not build infrastructure. this...
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Jul 25, 2011
07/11
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reduction, spending cuts, some spending cuts in mandatory programs winding down from wars in iraq and afghanistan. the big point here is his plan is not contingent on congress coming together around major deficit reduction measures for the president to be able to raise the debt ceiling once again. we now, within a half an hour of each other, we have these two dueling plans they will be working their way through both chambers of commerce. >> opinions about them will be working their way through the media as well, i'm sure. >> yes, absolutely. >> indicakate bolduan on capito. >>> does your significant other snore? i'll tell you about a unique hotel chain. [ female announcer ] sweet honey taste. 80 calories per serving. 40% daily value of fiber. i'm here in the downtown area where the crowd is growing. [ female announcer ] watching calories at breakfast never tasted this sweet... i'll go get my bowl. [ female announcer ] ...or this huge. new fiber one 80 calories. yes, you can actually love breakfast. now?! [ female announcer ] crest whitestrips two hour express. in just two hours you can have a not
reduction, spending cuts, some spending cuts in mandatory programs winding down from wars in iraq and afghanistan. the big point here is his plan is not contingent on congress coming together around major deficit reduction measures for the president to be able to raise the debt ceiling once again. we now, within a half an hour of each other, we have these two dueling plans they will be working their way through both chambers of commerce. >> opinions about them will be working their way...
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Jul 25, 2011
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you know, and democrats have been criticized for talking about eliminating money with the wars in be afghanistan and iraq. that's also future looking. so i'm asking you today in terms of changes to the tax code for corporations because we know there's plenty of corporations that last year ended up paying relatively little or no taxes at all. are you putting forward anything in terms of corporate tax reform that you would be willing to undo in loop loopholes today? is. >> i think we all agree tax loopholes are something we can do about, that's definitely an area we compromise on without any difficulty whatsoever. but the point is putting in a system of tax reform that is simpler, flatter, less cumbersome especially for our business owners in the cost of doing business. so this is what we're looking at. but we are definitely against any tax increases, any tax increases alone. martha: all right, so goldman sachs if they don't get $4 trillion, what happens is a plan that's short of $4 trillion in real spending cuts, they're likely to downgrade their rating on u.s. debt. what do you think about that?
you know, and democrats have been criticized for talking about eliminating money with the wars in be afghanistan and iraq. that's also future looking. so i'm asking you today in terms of changes to the tax code for corporations because we know there's plenty of corporations that last year ended up paying relatively little or no taxes at all. are you putting forward anything in terms of corporate tax reform that you would be willing to undo in loop loopholes today? is. >> i think we all...
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Jul 25, 2011
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not know exactly what is going to do, but is expected he is going to count winding down the war in afghanistan as a substantial part of the savings. that could be worth about $1 trillion over 10 years. meanwhile, john boehner is working on his own deficit- reduction debt limit increase plan. he would take -- that plan would be affected in two stages. the first would be $900 trillion or so deficit reduction package, spending cuts, paired with roughly equal amount in debt limit increase. then he would empower a special committee to find an additional $1.60 trillion to authorize or trigger another increase in the debt ceiling. the problem with this proposal, however, it would require raising the debt ceiling by the requisite $2.40 trillion amount into the stages. that is something the president and democratic leaders after yesterday's said is a nonstarter. they say it would create too much uncertainty for the marketplace and the economy if this process had to be replaced at the beginning of next year or summer of next year. >> the house republicans made their own at last it with a cap and balance
not know exactly what is going to do, but is expected he is going to count winding down the war in afghanistan as a substantial part of the savings. that could be worth about $1 trillion over 10 years. meanwhile, john boehner is working on his own deficit- reduction debt limit increase plan. he would take -- that plan would be affected in two stages. the first would be $900 trillion or so deficit reduction package, spending cuts, paired with roughly equal amount in debt limit increase. then he...
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Jul 25, 2011
07/11
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those are the things, the building blocks, we all have in common and you look around these clips from afghanistan to iraq to california to copenhagen, wherever it is, and you see actually everybody is frightened of death, everybody loves their children, you know, so that sense of unity is very reassuring i find, many optimistic. i'm a pessimistic european. normally i think life miserable but this made me think life is pretty great actually. >> i hate movie critics. nobody ever writes about a movie why i would want to see it. if i'm telling my buddies why they should see this movie, what's the pitch is this. >> it is a time capsule of a moment on earth and it's made into a movie, almost 4,500 hours, made into a movie. it's a series of youtube clips. well, it's actually made to feel like it's 95 minutes long and you go on a journey, you start at midnight on one day and end at midnight on the next and you experience the world in that day and you laugh and you relate to characters and i think you cry a bit. i had a screen last night at the museum of modern art, people were in floods of tears, but the
those are the things, the building blocks, we all have in common and you look around these clips from afghanistan to iraq to california to copenhagen, wherever it is, and you see actually everybody is frightened of death, everybody loves their children, you know, so that sense of unity is very reassuring i find, many optimistic. i'm a pessimistic european. normally i think life miserable but this made me think life is pretty great actually. >> i hate movie critics. nobody ever writes...